Loan Modification Frequently Asked Questions

A Loan Modification is a permanent change in one or more of the terms of a loan. It allows the home owner's loan to be reinstated, and results in a payment that the mortgagor can afford based on his/her budget. The articles below contain general information for home owners to learn about the mortgage industry.

What is Loan Modification?

How to Avoid Foreclosure?

Foreclosure Rescue, Equity Stripping, Equity skimming, these can all be examples of predatory real estate practices.

Obama's Making Home Affordable Program